Donnarumma’s appointment to CDP Venture Capital has been postponed
Why does the appointment of Stefano Donnarumma as head of Cdp Venture Capital – despite the announcement made by Giovanbattista Fazzolari – keep slipping? For an obvious reason of money. At least two games that see him rather uncompromising: the first is that of salary. As CEO of Terna, Donnarumma earned around 2.1 million euros in salaries and stock options in 2021. He had already made the mouth of Enel’s number one salary, which two years ago exceeded 4.5 million.
Instead, not only does he find himself having to at least postpone landing in Viale Regina Margherita, but he also finds himself being offered a salary between 700 and 800 thousand euros, that is a third of his current salary. Some tricks could also be found, but it is not a particularly attractive emolument for a manager of that stature.
Not only that: there is the liquidation issue. As reported by Affaritaliani.it, Donnarumma would be entitled to around 4.5 million, which however they would not want to give because it would pass from a company controlled by CDP (Terna) to another that directly refers to the Cassa. Therefore, since it is a change of position within the same group, he would not be entitled to that money. But Donnarumma protests and has a precedent on his side: in 2017 Matteo Del Fante, then CEO of Terna, before joining Poste (owned by Cdp) obtained 3.8 million in severance pay.
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